Airbus Securing a Potential Mega Deal with Chinese Airlines?
Potential Chinese Decision: Purchase of Over 500 Airbus Aircraft as Per Report by Bloomberg
Latest reports suggest that negotiations are in progress with Chinese airline companies regarding a potential order, as confirmed by sources privy to the matter. Insights indicate the deal could involve up to 500 aircraft - a mix of narrow-body and wide-body models. One source hinted that the deal might even stretch beyond the 500 mark.
The heavy focus appears to be on wide-body aircraft, according to reported chats with Bloomberg. Some plans may materialize for the A330neo. If the deal reaches the 500-jet mark, it could go down in history as one of the largest ever, eclipsing the $37 billion deal for approximately 300 narrow-body Airbus aircraft produced in 2022.
Negotiations have been described as "volatile", with the potential for the talks to falter or extend indefinitely. If successful, the deal might serve as a strategic move by Chinese President Xi Jinping to strike a contrast in trade talks with President Donald Trump.
Amid ongoing trade wars with the U.S., China placed a ban on its local airlines from accepting Boeing aircraft deliveries and purchasing aviation goods and parts from the American manufacturer in April. However, news broke in mid-May that Chinese authorities had reportedly lifted the ban on Boeing aircraft deliveries to local airlines following an agreement on trade tariffs with the U.S.
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- Keywords:
- #China
- #Airbus
- #AirTransport
- #TradeRelations
- #AircraftOrders
- #Boeing
- Amid the ongoing trade tensions between China and the U.S., the potential Airbus deal with Chinese airlines could be a strategic move to counterbalance trade talks, as suggested by reports.
- If finalized, the proposed Airbus deal could involve a significant number of aircraft, potentially exceeding 500 jets, marking a large-scale investment in the aerospace industry and the Chinese air transport sector.
- In contrast to the possible Airbus deal, China previously placed a ban on local airlines from accepting Boeing aircraft deliveries and purchasing aviation goods and parts from Boeing in April, but later reportedly lifted the ban following an agreement on trade tariffs with the U.S.
- As the industry, finance, technology, war-and-conflicts, politics, and general news sectors keep a close eye on these developments, the progress of the Airbus-China aircraft order negotiations holds important implications for both companies and the broader air transportation business.
